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BEDROOMS 2
BATHROOMS 2
KITCHENS 5
ROOMS X13522706
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Property Description
99 Sanford Avenue N, Hamilton is an Investment Property, duplex-plus-rooms property in Hamilton's west-end Landsdale neighborhood, offered at a 5.49% in-place cap rate with a clear, built-in path to higher income. The property generates $49,080 in gross annual rent and $37,638 NOI at an asking price of $685,000.Configured as a one-bedroom main-floor apartment and a four-room upper unit, the building runs on two hydro meters with front parking - a rentable amenity in this lower-city location. Four of the five occupied doors are month-to-month, giving an incoming owner immediate room to reset rents to market as tenancies turn, with no additional acquisition required. The stand-out upside is the basement: counted as a sixth door with its own separate side entrance, it is currently vacant and ready to be finished and leased as a private, self-contained unit - adding a brand-new income stream that isn't yet reflected in the in-place numbers. Between the month-to-month resets and the basement lease-up, a new owner has two distinct, low-risk levers to grow NOI from day one. Situated in an appreciating pocket close to transit, schools, and everyday amenities, 99 Sanford offers strong room-rental income today plus genuine value-add on top. Ideal for an investor building a Hamilton rental base or adding a room-rich, high-upside asset to an existing portfolio. - Duplex + rooms, Price: $685,000 - Gross annual rent: $49,080, Net operating income: $37,638, Cap rate: 5.49% (in-place) - Doors: 6 (5 occupied / 83%; basement vacant) Configuration: 1-bed main floor + 4-room upper unit + vacant side-entrance basement (6th door) -Metering / parking: Two hydro meters, front parking
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2019-09-06 | 2019-09-30 | 24 | $409,000 | $396,000 |
Nearby Intersections
Property Features
None
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Property Details
Address
99 Sanford Avenue
Community
City
Postal Code
L8L 5Z1
Property Type
Duplex, Duplex
Lot Size
26' x 100'
Taxes
$2,400 (2025
Basement
Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Exp Realty
Live in this fantastic cash flowing property in amazing Stinson area! Recently updated, this legal duplex has a vacant upper unit with loft, turnkey and ready to move in with new kitchen and bathrooms and unique loft features. Carefully selected AAA tenants on main floor paying $1950. Live in this detached home with mortgage payments of approx. $700 monthly! So much potential with extra deep lot of 180 ft! Each unit has separate laundry and separate entry. One parking spot included with this home. No leased equipment. Upgraded kitchens, brand new stainless steel appliances. Wonderful opportunity for first time home buyers or investors to buy in downtown Hamilton's top neighborhood. Walking distance to grocery stores and amenities and minutes from upcoming Hamilton LRT.
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This legal duplex offers two self-contained units, providing a practical investment with steady rental income and long-term growth potential. One unit includes a loft living room with high ceilings and large windows. The property has a brand-new roof under warranty, reducing future maintenance concerns. Located in Hamilton's Gibson neighbourhood, minutes from downtown, it offers convenient access to schools, parks, shopping, transit, Barton Street, Sherman Avenue, and major roadways, with quick connections to Hamilton's downtown core for restaurants, entertainment, and business services.
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Situated on the highly desirable south side of Gage Avenue, just footsteps from Gage Park, the Tropical Greenhouse, major transit routes, and the future LRT line, this property offers an exceptional location with strong long-term potential. An ideal investment opportunity, the home features a basement currently functioning as a third unit, creating additional income potential. This property is also an excellent option for first-time home buyers looking to offset mortgage and carrying costs while owning a home in a well-established south side neighbourhood. A rare opportunity to secure a versatile property in one of Hamilton's most desirable pockets.
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Perfect for investors or buyers seeking a property with built-in income, this solid brick two-storey duplex offers an exceptional opportunity in one of Hamilton's most walkable and vibrant neighbourhoods, just steps from Ottawa Street North. This well-maintained property features two spacious self-contained units, each offering approximately 800 square feet of comfortable living space. Both units include 2 bedrooms, 1 bathroom, a bright living room, updated kitchens and bathrooms, private balconies, separate hydro meters, and convenient in-suite laundry. The thoughtful layout and separate services make this an appealing option for both investors and owner-occupiers alike. The property also offers parking for 2-3 vehicles, a full basement with ample storage space, and additional flexibility for future improvements or added utility. Both tenants are currently month-to-month, providing versatility for a new owner while still benefiting from immediate rental income. Located in the heart of the desirable Ottawa Street neighbourhood, you are just steps to local cafés, restaurants, boutiques, parks, schools, transit, and all of the amenities this thriving community has to offer. With strong rental appeal, a functional layout, and an unbeatable location, this is a fantastic opportunity to add to your portfolio or invest in a property with long-term potential.
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Fantastic opportunity in the sought-after St. Clair area. This solid brick 2-family duplex is conveniently located close to all amenities in a friendly, walkable neighbourhood. 9' ceilings on the main floor, hardwood and banister stairwells make this a unique property. Over 1,400 square feet split across two self-contained units plus finished basement. 1): Main floor 1-bedroom unit includes use of the lower level which provides an additional 425 sq. ft, private laundry and large 4-piece bathroom. 2): Second floor + loft: 3-bedroom unit with 2 bathrooms and lots of living space. Lower unit currently rented and 2nd level is newly vacant. A great investment or chance to make this your own personal character home with growing demand for this pocket of Hamilton. Features: Separate entrances, close to Gage Park, transit, schools, and downtown core.
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